Polyhydroxyalkanoate Market Research Report- Forecast to 2027

Polyhydroxyalkanoate Market Information- by Type (Polyhydroxybutyrate and Polyhydroxyvalerate), by Application (Biomedical, Packaging, Drug Delivery Carriers, Biofuels and others), by Technology (Genetically Engineered Plants and Genetically Engineered Bacteria) - Forecast till 2027

ID: MRFR/CnM/3200-HCR | February 2021 | Region: Global | 132 pages

Polyhydroxyalkanoate Market Synopsis:


Polyhydroxyalkanoate Market is estimated to reach USD 105 Million by 2026 at a CAGR of 8% from 2021 to 2026.

Polyhydroxyalkanoate polymers are produced by microbial fermentation of unprocessed raw materials. They are produced under the brand name Biopol. Polyhydroxyalkanoate polymers are extracted from renewable sources such as vegetable oil, starch, proteins, and others. They are non-toxic, provide high UV resistance and exhibit biocompatible properties. They also show optical display and piezoelectric effect. Owing to these characteristics, Polyhydroxyalkanoate Polymers are used in various applications such as packaging, biomedical, biofuels and drugs.


As per our market analysis, the Polyhydroxyalkanoate Market is classified into Polyhydroxybutyrate and Polyhydroxybutyrate blended with copolymers. Polyhydroxybutyrate is a thermoplastic polymer with the properties similar to that of polypropylene. It holds an edge over polypropylene based products due to its eco-friendly and nontoxic nature, as well as better physical features. The molecular weight of Polyhydroxybutyrate varies from 50,000 to a million depending on growth and method of extraction. The prominent trends and factors in the Polyhydroxyalkanoate Market are production of bio-based products which are compatible to the environment and help to attain sustainable development. 


Polyhydroxyalkanoate Market Share, by Application:Polyhydroxyalkanoate Market


Regional Analysis:


The Polyhydroxyalkanoate Market is segregated into five regions namely Asia Pacific, Europe, North America, Latin America and the Middle East & Africa. Among these, Asia Pacific region is set to grow at the highest CAGR during the forecast period, 2017-2023. China has emerged as the leading player in this region owing to the growing usage in biomedical applications. The advancement in technology and availability of raw materials extracted from wastes of sugar palm oil and others has propelled India and Japan to witness a massive growth in the Polyhydroxyalkanoate Market. Currently, it has been observed that the petrochemical derived products were replaced by bio polymers in order to reduce the cost of manufacturing and production process, preserve the petroleum sources, and other environmental factors.


Globally, European region accounted for the major shareholder of Polyhydroxyalkanoate Market in 2015 and anticipated to continue its dominance during the forecast period, 2017-2023. Germany, U.K and Italy are the leading players in this region due its continual growth and development in the production of environmental friendly products.


During the forecast period, North American region has been projected to witness a massive growth in the Polyhydroxyalkanoate Market due to its growing demand observed in packaging, agriculture and food sectors. Availability of raw materials and the development in technology has driven countries like U.S. and Canada to shift their focus from petrochemical derived product towards naturally produced polymers in order to attain ecological balance, save the cost of production and conserve the petroleum sources. The growing production of sugarcane in Latin America has recognized a significant growth in Polyhydroxyalkanoate Market during the forecast period. Moreover, the Middle East & Africa has recognized a rapid growth in the development of Polyhydroxyalkanoate Polymers due to its increasing usage in end-use industries.


Segmentation:


The Polyhydroxyalkanoate Market is differentiated into Type, Technology and Application. Market by type is fragmented as Polyhydroxyalkanoate and polyhydroxybutyrate blended with co-polymers. Polyhydroxybutyrate Polymers are produced by biological degradation of microorganisms. It has been observed that biopolymers have already substituted petrochemical based product due to its exceptional features such as bio-compatibility, non-toxicity and environmental oriented nature. On the basis of technology, biopolymers can be produced by genetically engineered plants and bacteria. With the implementation of these technologies, biopolymers can be produced within 24 hours rather than conventional polymers that take 3 days. Biomedical, packaging, drug delivery carriers, biofuels and drugs are included in the market segregation on the basis of application. Among these, a surge in demand has been projected in the packaging sector during the forecast period, 2017-2023.  


Key Players:


The major players operating in the Polyhydroxyalkanoate Market are Shenzhen Ecomann Biotechnology Co, Ltd (China), Tianjin GreenBio Materials Co., Ltd (China), Kaneka Corporation (Japan), BASF SE (Germany), Biome Technologies PLC (U.K.), BIO ON (Italy), Polyferm, Inc (Canada), Full Cycle Bioplastics (U.S.A),  and Cardia Bioplastics (Australia) among others.


Geographical Analysis: 


The Polyhydroxyalkanoate Market Report covers brief analysis of geographical regions such as Asia Pacific, Europe, North America, Latin America and the Middle East & Africa.


Intended Audience



  • Polyhydroxyalkanoate Manufacturers

  • Traders and Distributors of Polyhydroxyalkanoate

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2026: USD 105 Million
  • 2027: Significant value
  •   CAGR   8%(2021–2026)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Type, Technology, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Shenzhen Ecomann Biotechnology Co, Ltd (China), Tianjin GreenBio Materials Co., Ltd (China), Kaneka Corporation (Japan), BASF SE (Germany), Biome Technologies PLC (U.K.), BIO ON (Italy), Polyferm, Inc (Canada), Full Cycle Bioplastics (U.S.A), and Cardia Bioplastics (Australia) among others.
      Key Market Opportunities   Its eco-friendly and nontoxic nature, as well as better physical features.
      Key Market Drivers   Production of bio-based products which are compatible to the environment and help to attain sustainable development.


    Frequently Asked Questions (FAQ) :


    Polyhydroxyalkanoate Market is predicted to grow at 8 % through forecast period of 2020-2027.

    The forecast period for Polyhydroxyalkanoate Market research report is 2020-2027.

    Polyhydroxyalkanoate Market is dominated by APAC region.

    The major players operating in the Polyhydroxyalkanoate Market are Shenzhen Ecomann Biotechnology Co, Ltd (China), Tianjin GreenBio Materials Co., Ltd (China), Kaneka Corporation (Japan), BASF SE (Germany), Biome Technologies PLC (U.K.), BIO ON (Italy), Polyferm, Inc (Canada), Full Cycle Bioplastics (U.S.A), and Cardia Bioplastics (Australia) among others.

    TABLE OF CONTENTS:

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Polyhydroxyalkanoate Market

    5 Industry Overview of Global Polyhydroxyalkanoate Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Polyhydroxyalkanoate Market by Type

    7.1 Introduction

    7.2 Polyhydroxybutyrate

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Polyhydroxybutyrate blended with copolymers

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Polyhydroxyalkanoate Market by Application

    8.1 Introduction

    8.2 Biomedical

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Packaging

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Drug delivery Carriers

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Biofuel

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Polyhydroxyalkanoate Market by Region

    10.1 Introduction

    10.2 Asia-Pacific

    10.2.1 Market Estimates & Forecast, 2020-2027

    10.2.2 Market Estimates & Forecast by Type, 2020-2027

    10.2.3 Market Estimates & Forecast by Application, 2020-2027

    10.2.4 China

    10.2.4.1 Market Estimates & Forecast, 2020-2027

    10.2.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.2.4.3 Market Estimates & Forecast by Application, 2020-2027

    10.2.5 India

    10.2.5.1 Market Estimates & Forecast, 2020-2027

    10.2.5.2 Market Estimates & Forecast by Type, 2020-2027

    10.2.5.3 Market Estimates & Forecast by Application, 2020-2027

    10.2.6 Japan

    10.2.6.1 Market Estimates & Forecast, 2020-2027

    10.2.6.2 Market Estimates & Forecast by Type, 2020-2027

    10.2.6.3 Market Estimates & Forecast by Application, 2020-2027

    10.3 Europe

    10.3.1 Market Estimates & Forecast, 2020-2027

    10.3.2 Market Estimates & Forecast by Type, 2020-2027

    10.3.3 Market Estimates & Forecast by Application, 2020-2027

    10.3.4 Germany

    10.3.4.1 Market Estimates & Forecast, 2020-2027

    10.3.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.3.4.3 Market Estimates & Forecast by Application, 2020-2027

    10.3.5 UK

    10.3.6.1 Market Estimates & Forecast, 2020-2027

    10.3.6.2 Market Estimates & Forecast by Type, 2020-2027

    10.3.6.3 Market Estimates & Forecast by Application, 2020-2027

    10.3.6 Italy

    10.3.7.1 Market Estimates & Forecast, 2020-2027

    10.3.7.2 Market Estimates & Forecast by Type, 2020-2027

    10.3.7.3 Market Estimates & Forecast by Application, 2020-2027

    10.4 North America

    10.4.1 Market Estimates & Forecast, 2020-2027

    10.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.4.3 Market Estimates & Forecast by Application, 2017-202

    10.4.4 U.S.A

    10.4.4.1 Market Estimates & Forecast, 2020-2027

    10.4.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    10.4.5 Canada

    10.4.5.1 Market Estimates & Forecast, 2020-2027

    10.4.5.2 Market Estimates & Forecast by Type, 2020-2027

    10.4.5.3 Market Estimates & Forecast by Application, 2020-2027

    10.5 Middle East & Africa

    10.5.1 Market Estimates & Forecast, 2020-2027

    10.5.2 Market Estimates & Forecast by Type, 2020-2027

    10.5.3 Market Estimates & Forecast by Application, 2020-2027

    10.5.4 Saudi Arabia

    10.5.4.1 Market Estimates & Forecast, 2020-2027

    10.5.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.5.4.3 Market Estimates & Forecast by Application, 2020-2027

    10.5.5 Qatar

    10.5.5.1 Market Estimates & Forecast, 2020-2027

    10.5.5.2 Market Estimates & Forecast by Type, 2020-2027

    10.5.5.3 Market Estimates & Forecast by Application, 2020-2027

    10.6 Latin America

    10.6.1 Market Estimates & Forecast, 2020-2027

    10.6.2 Market Estimates & Forecast by Type, 2020-2027

    10.6.3 Market Estimates & Forecast by Application, 2020-2027

    10.6.4 Brazil

    10.6.4.1 Market Estimates & Forecast, 2020-2027

    10.6.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    10.6.5 Uruguay

    10.6.5.1 Market Estimates & Forecast, 2020-2027

    10.6.5.2 Market Estimates & Forecast by Type, 2020-2027

    10.6.5.3 Market Estimates & Forecast by Application, 2020-2027

    10.6.4 Rest of Latin America10.6.4.1 Market Estimates & Forecast, 2020-2027

    10.6.4.2 Market Estimates & Forecast by Type, 2020-2027

    10.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    11. Company Landscape

    12. Company Profiles

    12.1 Shenzhen Ecomann Biotechnology Co, Ltd

    12.1.1 Company Overview

    12.1.2 Product/Business Segment Overview

    12.1.3 Financial Updates

    12.1.4 Key Developments

    12.2 Tianjin GreenBio Materials Co., Ltd

    12.2.1 Company Overview

    12.2.2 Product/Business Segment Overview

    12.2.3 Financial Updates

    12.2.4 Key Developments

    12.3 Kaneka Corporation

    12.3.1 Company Overview

    12.3.2 Product/Business Segment Overview

    12.3.3 Financial Updates

    12.3.4 Key Developments

    12.4 BASF SE

    12.4.1 Company Overview

    12.4.2 Product/Business Segment Overview

    12.4.3 Financial Updates

    12.4.4 Key Developments

    12.5 Biome Technologies PLC

    12.5.1 Company Overview

    12.5.2 Product/Business Segment Overview

    12.5.3 Financial Updates

    12.5.4 Key Developments

    12.6 BIO ON

    12.6.1 Company Overview

    12.6.2 Product/Business Segment Overview

    12.6.3 Financial Updates

    12.6.4 Key Developments

    12.7 Polyferm, Inc

    12.7.1 Company Overview

    12.7.2 Product/Business Segment Overview

    12.7.3 Financial Updates

    12.7.4 Key Developments

    12.8 Full Cycle Bioplastics

    12.8.1 Company Overview

    12.8.2 Product/Business Segment Overview

    12.8.3 Financial Updates

    12.8.4 Key Developments

    12.9 Cardia Bioplastics

    12.9.1 Company Overview

    12.9.2 Product/Business Segment Overview

    12.9.3 Financial Updates

    12.9.4 Key Developments

    13 Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020-2027)

    Table 2 Global Polyhydroxyalkanoate Market: By Region, 2020-2027

    Table 3 North America Polyhydroxyalkanoate Market: By Country, 2020-2027

    Table 4 Europe Polyhydroxyalkanoate Market: By Country, 2020-2027

    Table 5 Asia-Pacific Polyhydroxyalkanoate Market: By Country, 2020-2027

    Table 6 Middle East & Africa Polyhydroxyalkanoate Market: By Country, 2020-2027

    Table 7 Latin America Polyhydroxyalkanoate Market: By Country, 2020-2027

    Table 8 Global Polyhydroxyalkanoate by Type Market: By Regions, 2020-2027

    Table 9 North America Polyhydroxyalkanoate by Type Market: By Country, 2020-2027

    Table 10 Europe Polyhydroxyalkanoate by Type Market: By Country, 2020-2027

    Table 11 Asia-Pacific Polyhydroxyalkanoate by Type Market: By Country, 2020-2027

    Table 12 Middle East & Africa Polyhydroxyalkanoate by Type Market: By Country, 2020-2027

    Table 13 Latin America Polyhydroxyalkanoate by Type Market: By Country, 2020-2027

    Table 14 Global Polyhydroxyalkanoate by Application Market: By Regions, 2020-2027

    Table 15 North America Polyhydroxyalkanoate by Application Market: By Country, 2020-2027

    Table 16 Europe Polyhydroxyalkanoate by Application Market: By Country, 2020-2027

    Table 17 Asia-Pacific Polyhydroxyalkanoate by Application Market: By Country, 2020-2027

    Table 18 Middle East & Africa Polyhydroxyalkanoate by Application Market: By Country, 2020-2027

    Table 19 Latin America Polyhydroxyalkanoate by Application Market: By Country, 2020-2027

    Table 20 Global Type Market: By Region, 2020-2027

    Table 21 North America Polyhydroxyalkanoate Market, By Country

    Table 22 North America Polyhydroxyalkanoate Market, By Type

    Table 23 North America Polyhydroxyalkanoate Market, By Application

    Table 24 Europe: Polyhydroxyalkanoate Market, By Country

    Table 25 Europe: Polyhydroxyalkanoate Market, By Type

    Table 26 Europe: Polyhydroxyalkanoate Market, By Application

    Table 27 Asia-Pacific: Polyhydroxyalkanoate Market, By Country

    Table 28 Asia-Pacific: Polyhydroxyalkanoate Market, By Type

    Table 29 Asia-Pacific: Polyhydroxyalkanoate Market, By Application

    Table 30 Middle East & Africa: Polyhydroxyalkanoate Market, By Country

    Table 31 Middle East & Africa Polyhydroxyalkanoate Market, By Type

    Table 32 Middle East & Africa Polyhydroxyalkanoate Market, By Application

    Table 33 Latin America: Polyhydroxyalkanoate Market, By Country

    Table 34 Latin America Polyhydroxyalkanoate Market, By Type

    Table 35 Latin America Polyhydroxyalkanoate Market, By Application

    LIST OF FIGURES:

    FIGURE 1 Global Polyhydroxyalkanoate Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Polyhydroxyalkanoate Market

    FIGURE 4 Value Chain of Global Polyhydroxyalkanoate Market

    FIGURE 5 Share of Global Polyhydroxyalkanoate Market in 2020, by country (in %)

    FIGURE 6 Global Polyhydroxyalkanoate Market, 2020-2027,

    FIGURE 7 Global Polyhydroxyalkanoate Market size by Application, 2020-2027

    FIGURE 8 Share of Global Polyhydroxyalkanoate Market by Application, 2020-2027

    FIGURE 9 Global Polyhydroxyalkanoate Market size by Type, 2020

    FIGURE 10 Share of Global Polyhydroxyalkanoate Market by Type, 2020-2027